2016 Home Sales Doing Just Fine

Some of the housing headlines are causing concern for some consumers who are in the process of either buying or selling a home. Pundits are concerned over the lack of new construction or the month-over-month sales numbers. Let’s set the record straight; 2015 was a good year for residential real estate in the United States and 2016 home sales are starting out stronger.

Here is a graph of total homes sold (new construction and existing homes) in the first two months in 2016 compared to last year:

Will this momentum continue?

If we look at foot traffic (the number of purchasers currently out looking at homes), we can see that the spring buying market has started early and all indicators point to the fact that we may have the best spring in over a decade.

Bottom Line

The 2016 housing market started out well and looks to be gaining steam. If you are thinking of buying or selling a home, now may be a great time.

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Hello there! My name is Travis Rougier (roo-zhay). I'm a father of three girls, a Lake Tahoe Realtor, modern day Renaissance man, tech guru, wannabe foodie, entrepreneur, and a heliophile. All around, a pretty great guy. Find out more...

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Lake Tahoe Homes

Real estate sales and purchasing for investors, vacationers, vacation renters, and first-time home buyers. Lake Tahoe real estate made as easy, simple and rewarding as it can be. Travis Rougier can help you with your Lake Tahoe homes for sale, and any Lake Tahoe real estate needs you may have.